Patty Finne
Licensed Real Estate Salesperson
REALTOR®
Delhi, NY
Office: (607) 746-7400 (607) 435-4602 Cell

5005 108th Street , Corona, NY 11368

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16 Total Photos [Click to View All]

Property Description

Excellent opportunity to own a legal two-family home in a prime Corona location. Ideal for both end-users and investors, this property offers strong income potential, low holding costs, and future upside.Situated on a 17 x 100 lot with a 17 x 50 building size, and located in an R6B zoning district, this property offers potential for extension or future redevelopment opportunities. Annual property tax is only $7,045.The home is configured with separate utilities, including 3 electric meters, 2 gas meters, and separate boilers, making management more efficient and flexible.The first floor features 3 bedrooms and 1 bathroom, with direct access to the backyard, and will be delivered vacant. Estimated rental income is approximately $3,000/month. The second floor offers 4 bedrooms and 1 bathroom, currently rented for $3,000/month, and can be delivered vacant if needed.There is also a full basement with generous space, offering flexible use.Current return is approximately 5%, making this an attractive option for investors. Whether you choose to live in one unit and collect rental income from the other, or fully maximize the property as an investment, this home offers excellent versatility.Conveniently located near supermarkets, restaurants, and shops, with easy access to the 7 train, major highways, Corona Park, Costco, and LaGuardia Airport.A rare find in Corona with low taxes, dual rental income, and expansion potential.

5005 108th Street | MLS# 984600

This multi-family property located at 5005 108th Street , Corona, NY 11368 is currently listed for sale with an asking price of $1,190,000. 108th Street is located within the Queens24 school district. Search Corona real estate on patty-finne.timberlandproperties.com today.

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Property Features

Property Type: Multi Unit - Multiple
Basement: Finished, Full
Basement: Yes
Cooling: None
Heating: Hot Water, Oil, Other
Lot Size: 0.04 Acres
Taxes: $7,045
Year Built: 1925

Amenities

First Floor Bedroom
First Floor Full Bath
Other

Feature Descriptions

Building Area Total: 1600
Days on Site: 3
Exterior: Brick
On Market Date: 2026-04-13
Parcel Number: 02006-0097
Parking Features: None
Rental Term: Monthly
Separate Electric Meters: 3
Separate Gas Meters: 2
Sewer: Public Sewer
Units: 2
Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Water: Public

Local Schools

High School: High School For Arts & Business
Middle School: Is 61 Leonardo Da Vinci
Elementary School: Ps 14 Fairview
School District: Queens24

Estimate Your Payment

Estimated Payment

$ 3,582.59 per month $2,648.42 Principal & Interest $587.08 Property Tax $347.08 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)

Demographics

Listed By / Shown By

Listing By

Agency Name: Chase Global Realty Corp
Agency Contact: 718-355-8788

Shown By

Agent Name: Patty Finne
Agent Phone: (607) 435-4602 Cell
Agency Title: Timberland Properties

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